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Climate-related governance and reporting consultation

Published: 5 July 2021
Closing date: 31 August 2021
Response: 16 December 2021

A consultation on new guidance and an appendix to The Pensions Regulator's (TPR) monetary penalties policy supporting new requirements on climate change.

Summary

We invited your views on two documents that outline our approach to new requirements for the governance and reporting of climate-related risks and opportunities.

From 1 October 2021, trustees of certain schemes face new reporting requirements intended to improve the quality of governance and reporting as they address climate-related risks and opportunities.

Respondents to the Department for Work and Pensions' (DWP) consultation to the policy expressed an interest in hearing directly from us about our regulatory approach and expectations. These documents detail that approach.